{"id":9383,"date":"2010-03-25T15:27:18","date_gmt":"2010-03-25T15:27:18","guid":{"rendered":"https:\/\/armbanks.am\/2010\/03\/25\/230846\/"},"modified":"2024-12-15T12:46:48","modified_gmt":"2024-12-15T12:46:48","slug":"armenian-populations-deposits-in-drams-reduce-22-8-in-2009","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/03\/25\/9383\/","title":{"rendered":"Armenian population\u2019s deposits in drams reduce 22.8% in 2009"},"content":{"rendered":"

YEREVAN, March 25. \/ARKA\/.<\/strong> Armenian population\u2019s dram deposits in banks reduced 22.8% from AMD 216.9 billion in the beginning of 2009 to AMD 167.5 billion later that year.<\/p>\n

ARKA News Agency\u2019s analysis based on the central bank\u2019s figures shows that the share of households in total amount of deposits in Armenia reached 17.7% by late December 2009 against 13.7% in the beginning of that year.<\/p>\n

However, deposits in foreign currencies grew by 114.4%, compared with the beginning of 2009, and reached AMD 366.5 billion by late December.<\/p>\n

Aggregate time and demand deposits of the population in banks have grown by 41% over 2009.
\nAccording to the central bank\u2019s data, deposits in Armenian banks totaled AMD 657 billion against AMD 465.9 billion.<\/p>\n

Since the beginning of 2009, deposits in foreign currencies have outdone those in national currency.<\/p>\n

Time deposits in foreign currencies have grown 2.5 times or by 145.3% over the year reaching AMD 251.4 billion, while those in drams have reduced by 46%.<\/p>\n

Time deposits in drams made up 20.1% of the total amount of deposits attracted from the population.<\/p>\n

Such a fast growth of time deposits means that public confidence in banks is increasingly growing, but people prefer to keep their savings in foreign currencies.<\/p>\n

Households\u2019 time deposits in banks has grown 42.9% over 2009 to AMD 214 billion.<\/p>\n

Noncommercial organizations\u2019 dram deposits reduced 29.2% or by AMD 6.1 billion to AMD 14.8 billion, while deposits in foreign currencies grew 66.7% to AMD 16.6 billion by late December.<\/p>\n

Other financial organizations\u2019 dram deposits totaled AMD 10.7 billion and deposits in foreign currencies AMD 17.9 billion.<\/p>\n

Nonresidents\u2019 share in the total amount of attracted deposits was 18.7% or AMD 123 billion. ($1= AMD 394.40).-0—<\/p>\n","protected":false},"excerpt":{"rendered":"

Armenian population\u2019s dram deposits in banks reduced 22.8% from AMD 216.9 billion in the beginning of 2009 to AMD 167.5 billion later that year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12164,12560,390],"class_list":{"0":"post-9383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-deposits","10":"tag-population","11":"tag-390"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/9383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=9383"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/9383\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=9383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=9383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=9383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}